US Homes Lost to Foreclosure up 25 Pct on year
Lenders took more homes in August than in any month since the start of the mortgage crisis in the United States.
The company said the mortgage company list RealtyTrac increase in the repossession of the house came up a number of properties entering the foreclosure process has slowed for the seventh month in a row, Thursday.
In all, banks repossessed 95,364 properties last month, up 3 percent from July and an increase of 25 percent from August 2009, said RealtyTrac.
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